"Largest-Ever Award for Wrongful Trading," The Law Society Gazette

Rowley and Wright (the “Joint Liquidators”), BHS Group Limited (in liquidation) & ors v Chappell, Henningson, Chandler

In a recent article for The Law Society Gazette, Special Counsel Clare Hennessey, along with partners Lizzie Shimmin and Jason Yardley, provide an insightful analysis of the recent landmark judgment in the BHS Group Ltd case.

Read More

Mr. Justice Leech upheld claims against former BHS directors for wrongful and misfeasant trading, following BHS’s collapse in 2016 with a £571m pension shortfall. This innovative decision sets a historic precedent, awarding the largest-ever compensation for wrongful trading in the UK and highlighting the critical responsibilities of directors during insolvency, emphasising the need for careful and vigilant governance and consideration of creditors' interests.

This judgment marks a significant win for liquidators and sets a crucial precedent for corporate governance. 

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

"Largest-Ever Award for Wrongful Trading," The Law Society Gazette

Rowley and Wright (the “Joint Liquidators”), BHS Group Limited (in liquidation) & ors v Chappell, Henningson, Chandler

In a recent article for The Law Society Gazette, Special Counsel Clare Hennessey, along with partners Lizzie Shimmin and Jason Yardley, provide an insightful analysis of the recent landmark judgment in the BHS Group Ltd case.

Read More

Mr. Justice Leech upheld claims against former BHS directors for wrongful and misfeasant trading, following BHS’s collapse in 2016 with a £571m pension shortfall. This innovative decision sets a historic precedent, awarding the largest-ever compensation for wrongful trading in the UK and highlighting the critical responsibilities of directors during insolvency, emphasising the need for careful and vigilant governance and consideration of creditors' interests.

This judgment marks a significant win for liquidators and sets a crucial precedent for corporate governance. 

Related Capabilities

Related Locations

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

News and Insights

Event

Associate Steven Arango to Speak at the Veterans' Legal Career Fair

On September 18, Associate Steven Arango will speak on a panel at the Veterans' Legal Career Fair (VLCF), the only legal career fair in the United States dedicated to veterans, active-duty service members, and military spouses.

September 18, 2026

Publications

In American Banker, Partner Laurel Loomis Rimon Weighs in on OCC's Handling of Fintech Bank Charter Applications

Partner Laurel Loomis Rimon spoke with American Banker about how the Office of the Comptroller of the Currency is approaching bank charter applications from fintechs, amid a growing wave of companies seeking charters from federal regulators.

August 18, 2026

Event

Partner David Greenwald to Speak at PLI Program on Privilege and AI

On August 17, David Greenwald will speak at "Fitting New “Tech” Into the Attorney-Client Privilege and Work Product Protection," a virtual program hosted by the Practising Law Institute (PLI).

August 17, 2026